Trump administration, Steel industry, Donald Trump, US politics, US news, Business Business | The Guardian
The steel industry needs to modernize. Tariffs can help, but the government must go beyond trade policyLast week, Donald Trump revived a trade war from his first term, implementing a 25% tariff on all imported steel. In doing so, he’s using tariffs as a blunt-force tool under the assumption that they’ll be sufficient to jump-start the American steel industry.But that’s not the case.Mike Williams is a senior fellow at the Center for American Progress and former deputy director of the BlueGreen Alliance Continue reading…
The steel industry needs to modernize. Tariffs can help, but the government must go beyond trade policy
Last week, Donald Trump revived a trade war from his first term, implementing a 25% tariff on all imported steel. In doing so, he’s using tariffs as a blunt-force tool under the assumption that they’ll be sufficient to jump-start the American steel industry.
But that’s not the case.
Mike Williams is a senior fellow at the Center for American Progress and former deputy director of the BlueGreen Alliance